Business

Not satisfied!

BY OBSERVER BUSINESS WRITER | Wednesday, July, 3 2019    

Newly elected president of the Jamaica Manufacturers and Exporters Association (JMEA), Richard Pandohie is disappointed with the downward trend currently being experienced by the manufacturing sector, as contained in the January — March 2019 quarterly report recently made public by... Read More

Sagicor pays out billions arising from large number of death claims

BY DURRANT PATE Observer writer | Wednesday, July, 3 2019    

Sagicor was forced to fork out $11.45 payouts in insurance claims arising from a large number of death claims last year. Read More

19 years of strong performance for Sagicor

BY DURRANT PATE Observer writer | Wednesday, July, 3 2019    

Sagicor is reporting that it is now the second-largest conglomerate on the Jamaica Stock Exchange, measured in terms of profitability. Read More

Sagicor Select Funds IPO opens today

Wednesday, July, 3 2019    

Sagicor Select Funds Limited's (SSFL) Initial Public Offering (IPO) is now open and will close on July 17. With Sagicor Investments as the lead arranger and lead broker, the IPO is seeking to raise up to $2.5 billion (with a right to upsize by an additional $1.5... Read More

Salamander to manage Half Moon

Wednesday, July, 3 2019    

The board of directors of Half Moon, one of the Caribbean's most iconic resort destinations in Montego Bay, Jamaica, announced that it selected Salamander Hotels & Resorts to manage the award-winning 400-acre property. Read More

JSE anniversary

Wednesday, July, 3 2019    

Jamaica Stock Exchange (JSE) celebrated its 50th anniversary at the Jamaica Pegasus hotel in New kingston on Saturday. Here are some highlights.  Read More

Carib Cement gets new general manager on August 1

BY BALFORD HENRY Senior staff reporter | Wednesday, July, 3 2019    

Just a month after the Caribbean Cement Company's (CCCL) general manager, Peter Donkersloot Ponce, reached out to investors at the Mayberry Investment's monthly investor forum, the company has announced his departure. Read More

Improved rankings for Jamaica's business environment

BY KELLARAY MILES Observer staff reporter | Wednesday, July, 3 2019    

In 2018, Jamaica was identified as one of the top performing economies in Latin America and the Caribbean. Read More

New energy drink from hemp oil hits local market

BY HORACE HINES Observer staff reporter | Wednesday, July, 3 2019    

MONTEGO BAY, St James—Canna Energy, an energy drink produced from hemp oil, and distributed by Taylor Whittaker Enterprises, has recently hit the shelves on the Jamaican market. Read More

Investment needs for infrastructure globally — ACCA's take on the requirements

Maria Sookdeo | Wednesday, July, 3 2019    

ACCA's immediate past President Leo Lee recently presented at the CAROSAI XI Congress in Guyana. He delivered on the topic 'investment needs for infrastructure globally'. Read More

Cryptocurrency/digital trading on the road to becoming a reality in Jamaica

Wednesday, July, 3 2019    

IT is incontrovertible that the Jamaica Stock Exchange (JSE) has been booming within the last decade. Under the leadership of Marlene Street-Forrest, the JSE's managing director, the JSE was, for a second time, listed by Bloomberg as the best performing stock exchange in the world for... Read More

IMF's Lagarde 'honoured' to be tapped to head European Central Bank

Wednesday, July, 3 2019    

WASHINGTON, United States (AFP) — International Monetary Fund chief Christine Lagarde announced yesterday she would step down “temporarily” from the global crisis lender after being nominated to lead the European Central Bank. Read More

Cut in loans to microfinancing institutions in 2018

Wednesday, July, 3 2019    

OVER the 2018 calendar period, it is reported that loan disbursements from the Micro Investment Development Agency (MIDA) to microfinancing institutions(MFIs) was reduced by 4.1 per cent to approximately $158.2 million. Read More

Guyana is fastest growing economy world — Nasdaq

BY ALEXIS MONTIETH Observer writer | Wednesday, July, 3 2019    

Guyana is the fastest growing economy in the world according to a report published by Nasdaq, last week. Read More



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